BitcoinUpdated Fractal Price Range Formations
This is a chart I made to track if I understand the current market structure.
Note
I'm planning to fill short positions around 5400 & 5500 with stop around 5600 and flip to long between 4500 - 4800 range.I am not confident* with this play, yet I'm willing to risk a small position.
Note
Closed my shorts and flipped to long at $5090.*Everybody* expects to see 4500-4800 soon. I don't think that will happen. I'm currently paying attention to this scenario.
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